Question 1 Not complete Marked out of 2.00 Flag question Allocating Liquidation Between Common Stockholders and Preferred Stockholders The Arcadia Company is liquidating. After paying off all of its creditors, the company has $1,000,000 to distribute between its preferred stockholders and its common stockholders. The aggregate par value of the preferred stock is $900,000 and the aggregate par value of its common stock is $2,000,000. How much of the remaining $1,000,000 in assets should be distributed to the preferred stockholders and how much should be distributed to the common stockholders? Dollars to be distributed Preferred stockholders Common stockholders Check Save Answers otv 19 MacBook Air